Related Articles

* Transition to pay 80 per cent of the Gonski-based schooling resource standard for non-government schools - up from around 77 per cent now.

* Federal contribution to government schools will increase from 17 per cent now to 20 per cent of the schooling resource standard by 2020.

* A small number of schools - about two dozen - will experience "some negative" growth in their funding.

* Businessman David Gonski, who led the 2011 review, has agreed to head a new review and provide high-level advice to the government.

THE REACTION

"It's a smoke and mirrors, pea and thimble effort to hide the fact that instead of cutting $30 billion from schools over the decade, this government will cut $22 billion from schools over the decade." - Labor education spokeswoman Tanya Plibersek.

"People are sick of the argy-bargy between the states and the Federal government, they're sick of the hyper-partisan fights between the government and the opposition, we've got to get the politics out of this." - Greens education spokeswoman Sarah Hanson-Young.

"It abandons a mechanism that ensures resources are distributed fairly and according to need among schools that belong to a single Catholic schools authority." - National Catholic Education Commission acting executive director Danielle Cronin.

"The core principles ... at first blush, seem like they're exactly the right ones." - Grattan Institute's school education program director Pete Goss.

"The government appears to be focusing on the apparently easier task of picking on a few schools which probably are overfunded but it's only a very small amount of the overall school budget." - Centre for Independent Studies Education policy analyst Blaise Joseph.